Finance

 PhD in Finance admission is based on the entrance exam score. Some universities accept candidates on the basis of their scores in a national-level entrance exam or conduct their own written tests to shortlist students. The candidates have to appear for a personal interview round for final selection. Candidates need to check the selection criteria for PhD course of their target institute before applying for admission. The candidate will require 6 to 12 months to prepare for the entrance test.Steps of PhD in Finance Admission Process:Select a collegeGo through PhD in Finance admission criteriaPrepare for the entrance exam and interviewClear the entrance testFill out the PhD admission formAppear for interviewConfirm admission upon selectionRead More: How to write a statement of purpose for PhD?

PhD is a course that demands great commitment and dedication. Students who meet the below points can enroll in PhD in Finance:Any candidate who has a postgraduate degree from a recognised university in Finance and has an interest in teaching research work can pursue PhD in Finance.Those who are interested in a career in finance might enroll in a PhD in Finance program. For enhanced employment possibilities, those who have acquired PG degrees in lucrative fields like MBA Finance or MCom Finance can choose to pursue a PhD in finance. Candidates should enroll in the course if they aspire to become Professors. The course is also an option for those who desire to work as Associate Professors or Lecturers.Candidates should choose the PhD in Finance programme if they desire to pursue a research-based degree.

After the completion of a master's degree, universities and B-schools offer a doctorate programme in finance which is also known as Ph.D. in Finance. This programme delves deeper into many facets of finance with an emphasis on research. A Ph.D. in finance is a doctorate degree that emphasizes cutting-edge research and analysis within the discipline.It is the highest level of academic achievement in finance and is meant for people who are enthusiastic in expanding the field's theoretical understanding and practical applications. Beyond the basics, this programme seeks to develop researchers, academics and professionals who can enhance financial theory, practice and policy. Read More: Careers in Finance

Though both the courses are similar, the course curriculum, syllabus, etc., may differ. Here is the comparison table for your idea:ParametersDiploma in Banking and FinanceDiploma in Accounting and FinanceCourse OverviewThis course is a Diploma level course that provides training and increases the competence of students to evaluate the constant changes pertaining to finance, methods of dealing with the financial crisis as well as the basis for bailouts for various banks across the countryThis course is a Diploma level course that makes students aware of different aspects of Accounting and Financial management policies which covers areas such as Fundamentals of Accounts and Finance, Indian Banking system, Use of technology in Accountancy and Finance, etc.EligibilityClass 12 or Graduation with at least 50%Class 12 with at least 45-50%Syllabus Principles & Practices of Banking, Business Economics, Taxation, Business Law, Retail Banking, etc.Fundamentals of Accounting, Accounting & Audit Practice, Financial Risk Management, Indian Financial System, etc.Average FeesINR 500 - INR 30 LakhINR 10,000-60,000Average SalaryINR 2-6 Lakhs Per AnnumINR 2-6 Lakhs Per AnnumNote: The information is sourced from external sites and may vary.